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$3,200,000
Groveport, OH 43125
MLS# 218004187
Status: Closed
20064 sqft
1 / 36
Property Description
GREAT INVESTMENT OPPORTUNITY! As the demand for Medical Office Buildings continues to grow in central Ohio, the Cap rates continue to fall. That is why this one-of-a-kind property is so valuable to investors! Perfect 1031 property and currently 88% occupied with all medical users. Mount Carmel East occupies 50%. 2,450 +/- SF perfect medical/office space available for lease.
Details
Location & Property Info
List Price/SqFt: 1577.55
City (Mailing Addr): Groveport
Corp LimitPerAuditor: Groveport
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: Yes
Lease Rate $/Sq Ft: 12
General Property Info
Max Cont Sqft Avail: 2450
Minimum Sqft Avail: 2450
Total Available Sqft: 2450
# of Docks: 0
Building Sqft: 20064
# of Elevators: 0
# of Floors Above Gr: 1
Year Built: 2004
Acreage: 2.53
Tax Info
Zoning: SO
Mult Parcels/Sch Dis: No
Tax Abatement: No
Taxes (Yrly): 13396
Parcel #: 185-002878-00
Tax Year: 2017
Remarks & Misc
Property Description: GREAT INVESTMENT OPPORTUNITY! As the demand for Medical Office Buildings continues to grow in central Ohio, the Cap rates continue to fall. That is why this one-of-a-kind property is so valuable to investors! Perfect 1031 property and currently 88% occupied with all medical users. Mount Carmel East occupies 50%. 2,450 +/- SF perfect medical/office space available for lease.
Status Change Info
Sold Price/SqFt: 1306.12
Under Contract Date: 2018-07-12
Sold Date: 2018-09-21
Sold Price: $3,200,000
Income/Expenses
Gross Income: 383514.43
Net Operating Income: 322516.39
Total Expenses: 60998.04
Addl Acceptance Cond
None Known: 1
T Reimburses L
Curr Yr Est $/SF TRL: 3.06
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Auction Info
Auction/Online BiddingY/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 3865000
Sold Price: $3,200,000
Property Sub Type: Medical
Street #: 5323-5345
Street Name: Hendron
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43125
Township: Madison
OfficeContract Info
Status: Closed
MLS Entry Date: 2018-02-15
Property Features
Addl Acceptance Cond: None Known
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
MLS Primary PhotoSrc: Realtor Provided
Listing Office: The Robert Weiler Company
Listing Agent: Todd Schiff
Last Updated: January - 25 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2025 Columbus Board of Realtors. All rights reserved.
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